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RBI tightens rules on rupee non-deliverable contracts, widens 20% cash reserve requirement

Economic Times 13 October 2026 at 03:22 am 1 min read 1 views Read Original
RBI tightens rules on rupee non-deliverable contracts, widens 20% cash reserve requirement

The Reserve Bank of India on Monday tightened rules on rupee non-deliverable derivative contracts, limiting overseas clients to using them only for hedging, and widened a 20% cash reserve requirement to banks' own rupee currency hedges.

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